Morning News: August 8, 2024

Central Banks Get Sand Kicked in Their Face Again

India Central Bank Holds Policy Rate Steady, as Expected

Glynn’s Take: Hawkish RBA Governor Should Brace for Storms to Come

The Fed Has Cut Rates Amid Stock Swoons Before. Not This Time

Consider Yourself Warned on Market Risks

What’s Driving the Topsy-Turvy Markets

JPMorgan Says Three Quarters of Global Carry Trades Now Unwound

As Markets Rock, a Reporter Stays Steady

Cathie Wood Goes on Dip-Buying on Tech Spree as ARKK Hits 2024 Lows

Balyasny Goes on New Hiring Spree With $200 Million in Payouts

A Walzonomics Primer

$800 Billion Gulf-Wealth Fund Can Face UK Suits After Court Loss

As AI Costs Surge, Investors Embrace Less-Is-More Data Strategy

What Works in Taiwan Doesn’t Always in Arizona, a Chipmaking Giant Learns

Social Media Platforms Show Little Interest in Stopping Spread of Misinformation

Texas Energy So Bountiful, They Pay You to Take It Away

Startups Are Racing to Make Water Out of Thin Air

China’s Sales of EVs, Hybrids Surpass Conventional Cars in July

Indeed and Glassdoor Owner Posts Profit Rise

Eli Lilly Lifts 2024 Sales Outlook as Zepbound Demand Drives Quarter

What Happens When Ozempic Takes Over Your Town

Warner Bros. Discovery Takes $9 Billion Write-Down on Cable Networks

Boeing’s New CEO Is Hands On. He’s Being Handed a Company in Crisis.

Air Canada Says Paris Olympics Are Hurting Sales This Summer

Simone Biles’ Leotards Ignite Sales of Made-in-America Brand

Supplying Saks Was a Soapmaker’s Dream Until He Got a $74 Check

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Posted by on August 8th, 2024 at 7:09 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.